What was a major result of Henry Ford's innovative manufacturing technique?

When businesses collect demographic information on where people live, what they buy, and how they spend their time, they are res

snow_tiger [21]

Answer:

Social environment.

Explanation:

When businesses collect demographic information on where people live, what they buy, and how they spend their time, they are responding to the social environment. The social environment comprises of values, beliefs, practices, customs and behaviors of a group of people living together in a society and how their actions influence their surroundings or environment.

Demographics can be defined as the study and analysis of the characteristics of a population based on pre-defined factors such as education, race, income, sex or gender, and age.

Additionally, businesses gather, analyze and use demographic informations about people in the target market so as to have a competitive edge or advantage and to help build a strong relationship.

7 0

3 years ago

Grady is a member of a large family and received the following payments this year. For each payment, determine whether the payme

diamong [38]

Answer:

a. This is a realized income. Amount to be included in his gross income is $0.

b. This is a realized income. Amount to be included in his gross income is $0.

c. This is a realized income. Amount of gift of bond to include in Glady's gross income is $0. Amount of interest from the bonds to be included in his gross income is $0.

d. This is NOT a realized income. Amount to be included in his gross income is $0.

Explanation:

a. A gift of $30,600 from Grady’s grandfather. Amount to be included?

The $30,600 is categorized as a realized income. However, no part of the total amount of any gift will be included in the gross income.

Therefore, amount to be included Glagy's gross income is $0.

b. 680 shares of GM stock worth $282 per share inherited from Grady’s uncle. The uncle purchased the shares for $82 each, and the shares are worth $287 at year-end. Amount to be included?

This amount of inheritance is categorized a realized income. However, they are not to be included as part of the gross income.

Although the there is an increase in the share value from $82 to $287, but the increased value will still not be included in the gross income because it has not been realized.

Therefore, amount to be included Glagy's gross income is $0.

c. A gift of $53,000 of Ford Motor Bonds. Grady received the bonds on October 31, and he received $1,590 of semiannual interest from the bonds on December 31. Amount to be included for gift motor bonds? Amount to be included for interest from the bonds?

This gift of bond is categorized as a realized income. However, they are not to be included as part of the gross income.

The amount of interest that accrued till October 31 will not be included in the gross income because it is considered as part of the gift as it was an interest that accrued when the bond gift was given.

The $530 [i.e ($1,590 / 6 months) * 2 months] that accrued from November 1 to December 31 (i.e. 2 months) will be taxed because it accrued after the day the gift was given. But this is an accrued interest that has not been received. It will therefore not be included in the gross income but it will be taxed when it is received.

The amount of gift of bond = $53,000 + [($1,590 / 6 months) * 4 months] = $53,000 + $1,060 = $54,060.

Amount of accrued interest from the bonds = ($1,590 / 6 months) * 2 months = $530.

However, amount of gift of bond and interest from the bonds to be included in Glady's gross income is $0.

d. A loan of $7,200 for school expenses from Grady’s aunt. Amount to be included?

A genuine loan does not fall under the category of a realiszed income. However, there are situations whereby a loan can be a a disguised gift. Under this situation, the loan would be considered as a gift and then becomes a realized income. However, the value of the gift will not be included in the gross income.

For this qustion, the loan is considered a genuine loan and it not a realized income. Therefore, the amount to be included Glagy's gross income is $0.

8 0

3 years ago

(Advanced analysis) Answer the question on the basis of the following information for a mixed open economy. The letters Y, Ca, I

son4ous [18]

Answer:

The correct option is c. raise G by $30 or reduce T by $40.

Explanation:

Note: This question is not complete. The complete question is therefore provided before answering the question as follows:

(Advanced analysis) Answer the question on the basis of the following information for a mixed open economy. The letters Y, Ca, Ig, Xn, G, and T stand for GDP, consumption, gross investment, net exports, government purchases, and net taxes respectively. Figures are in billions of dollars.

Ca = 25 + 0.75(Y - T)

Ig = Ig0 = 50

Xn = Xn0 = 10

G = G0 = 70

T = T0 = 30

Refer to the information. If government desired to raise the equilibrium GDP to $650, it could:

a. raise G by $45 or reduce T by $10.

b. raise G by $40 and reduce T by $30.

c. raise G by $30 or reduce T by $40.

d. raise both and T by $40.

e. reduce G by $30 and increase T by $40.

The explanation of the answer is now provided as follows:

Equilibrium GDP (Y) can be obtained as follows:

Y = C + G + I + Xn …………………….. (1)

Substituting all the values in the question into equation (1) and solve for Y, we have:

Y = 25 + 0.75(Y - 30) + 70 + 50 + 10

Y = 0.75Y - 22.50 + 155

Y – 0.75Y = 132.50

0.25Y = 132.50

Y = 132.50 / 0.25

Y = 530

Therefore, we have:

Y = Current equilibrium GDP = $530

Amount of increase in equilibrium GDP required = Desired equilibrium GDP – Current equilibrium GDP = 650 - 530 = 120

From the question, we have:

Ca = 25 + 0.75(Y - T) ………………. (2)

The 0.75 in equation (2) is the marginal propensity to consume (MPC). Therefore, we have:

MPC = 0.75

Expenditure multiplier = 1 / (1 - 0.75) = 4

Tax multiplier = - MPC / (1 – MPC) = -0.75 / (1 – 0.75) = -3

Amount of increase in G or government expenditure required = Amount of increase in equilibrium GDP required / Expenditure multiplier = 120 / 4 = $30

Amount of tax cut or decrease in T required = Amount of increase in equilibrium GDP required / Tax multiplier = 120 / (-3) = -$40

Therefore, correct option is c. raise G by $30 or reduce T by $40.

4 0

3 years ago

Marginal utility is equal to which of the following? (A) total income divided by the price of the product (B) the change in tota

soldi70 [24.7K]

Answer: B- the change in total utility from consuming one more unit of a good

Explanation: Marginal utility is the change in utility that arises from consuming one more unit of a good or service.

Utility is the total satisfaction that occurs from consuming a commodity or service.

Average utility is total utility divided by the number of goods consumed.

8 0

2 years ago

A database admin uses a show statement to retrieve information about objects in a database. this information is contained in a _

anastassius [24]

A show statement is used by a database administrator to get details about the items in a database. A data dictionary has this information.

facts factors applied or recorded in a database, facts device, or as a thing of a studies examine are given names, definitions, and houses in a data dictionary.
A imperative store for metadata is known as a facts dictionary. records about facts is called metadata.
Examples of information that might be found in a company's data dictionary include the names of all the databases that make up the organisation.

The shape and content material of records are categorised and communicated the use of a information dictionary, which also offers insightful descriptions for mainly distinct data objects.

The database control machine where the information dictionary is stored is accountable for this. therefore, on every occasion a database change is finished, the database control device without delay updates the facts dictionary. due to its self-updating nature, that is referred to as an energetic statistics dictionary.

Learn more about data dictionary:

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5 0

1 year ago